First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) Short Interest Down 89.3% in December

First Trust Horizon Managed Volatility Developed International ETF (NYSEARCA:HDMV) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 95 shares, a decrease of 89.3% from the November 30th total of 889 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,755 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 2,755 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

First Trust Horizon Managed Volatility Developed International ETF Stock Up 0.1%

First Trust Horizon Managed Volatility Developed International ETF stock traded up $0.05 during midday trading on Friday, hitting $35.52. 2,035 shares of the stock were exchanged, compared to its average volume of 5,811. First Trust Horizon Managed Volatility Developed International ETF has a 52-week low of $28.26 and a 52-week high of $36.13. The business’s 50-day moving average price is $35.02 and its 200-day moving average price is $35.11. The stock has a market capitalization of $23.09 million, a price-to-earnings ratio of 16.77 and a beta of 0.51.

Hedge Funds Weigh In On First Trust Horizon Managed Volatility Developed International ETF

Institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 17.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,137 shares of the company’s stock worth $317,000 after acquiring an additional 1,364 shares during the period. Raymond James Financial Inc. purchased a new stake in First Trust Horizon Managed Volatility Developed International ETF during the second quarter valued at about $83,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in First Trust Horizon Managed Volatility Developed International ETF during the second quarter worth about $200,000. Fountainhead AM LLC purchased a new position in shares of First Trust Horizon Managed Volatility Developed International ETF in the second quarter worth about $238,000. Finally, Golden State Equity Partners increased its stake in shares of First Trust Horizon Managed Volatility Developed International ETF by 23.2% in the third quarter. Golden State Equity Partners now owns 39,847 shares of the company’s stock worth $1,382,000 after purchasing an additional 7,496 shares in the last quarter.

First Trust Horizon Managed Volatility Developed International ETF Company Profile

The First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility index. The fund is an actively-managed fund of low expected volatility mid and large-cap stocks from developed markets. HDMV was launched on Aug 24, 2016 and is managed by First Trust.